Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a report issued on Sunday morning. The brokerage issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Trading Up 15.4 %

RBCN stock opened at $1.50 on Friday. The company has a market capitalization of $3.57 million, a P/E ratio of 7.89 and a beta of 0.87. The firm has a 50 day simple moving average of $1.35 and a 200-day simple moving average of $1.07. Rubicon Technology has a twelve month low of $0.43 and a twelve month high of $2.02.

About Rubicon Technology

Rubicon Technology, Inc provides monocrystalline sapphire for applications in optical and industrial systems in North America, Asia, and internationally. The company offers optical and industrial sapphire products in various shapes and sizes, including sheets, rods, tubes, core, ingots, and prisms for a range of end markets comprising defense and aerospace, specialty lighting, instrumentation, sensors and detectors, semiconductor process equipment, electronic substrates, medical, and laser applications.